Multiple Choice
An increase in real GDP can shift
A) money demand to the right and decrease the equilibrium interest rate.
B) money demand to the right and increase the equilibrium interest rate.
C) money demand to the left and decrease the equilibrium interest rate.
D) money demand to the left and increase the equilibrium interest rate.
E) money demand to the right and leave the equilibrium interest rate unchanged.
Correct Answer:
Verified
Correct Answer:
Verified
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